-The Hindu What happened? On June 1, farmers in Maharashtra went on strike for the first time ever. Their agitation saw violence, and angry farmers spilling milk and throwing vegetables on the road; at one point the strike expanded into a bandh call, where agitators threatened to stop supply to urban markets. This apparently leaderless agitation grabbed the attention of both the government and the urban population, quite ignorant of conditions in...
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Madhya Pradesh farmer protest: Loan waivers are worst form of populism, they won't solve real issues -Mihir Shah
-Firstpost.com I am totally opposed to farm loan waivers as it will undermine the integrity of farmers. When state governments announce farm loan waivers, it is a knee-jerk reaction. Why are farm loans being given at all? Instead, the government should focus on the real issues that affect the agrarian sector. Since it hasn’t, you have agitations hitting the road with farmers protesting. The Uttar Pradesh government’s decision to waive off farmer...
More »NDTV probe: Private banks fear debt resolution may be hit -Mayur Shetty
-The Times of India MUMBAI: Private sector bankers say that if NDTV's loan settlement with ICICI Bank is termed criminal, it could hit resolution of bad debts. The concerns follow the Central Bureau of Investigation (CBI) alleging that ICICI Bank officials may have caused wrongful gains to NDTV promoters by agreeing to cut the interest rate to settle the loan. "Settlement of any stressed loan involves some sacrifice by the banker. Often...
More »It's DeMo effect, says Singh
-The Telegraph New Delhi: Former Prime Minister Manmohan Singh today directly linked the slowdown in growth to demonetisation, pointed out that private investments had almost dried up and expressed deep concern over a jobs crunch. The most authoritative Opposition voice on the economy was speaking at the Congress Working Committee meeting, five months after describing demonetisation as "organised loot and legalised plunder" and warning that growth would be severely affected. "India's GDP numbers...
More »Govt abandons goal of training 500 million people in new skills by 2022 -Prashant K Nanda
-Livemint.com Skill development ministry, led by Rajiv Pratap Rudy, has refused to spell out a new number that the government and its ministries will chase New Delhi: The government has abandoned its goal of training 500 million people in new skills by 2022, in a clear shift in strategy. Skill development ministry officials, at a press conference in New Delhi on Tuesday, also refused to spell out a new number that the Union...
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